Futures Daily News ( Alice Zhao ）The third session of the 13th National People's Congress (NPC) opens at the Great Hall of the People in Beijing, capital of China, May 22, 2020.This year's NPC and CPPCC, futures law is still the focus of attention on behalf of members.
Liu lei, a deputy to the National People's Congress and director of the liaoning securities regulatory bureau, suggested speeding up the formulation of a futures law to launch foreign exchange futures as soon as possible.
China's futures market has become increasingly diversified in trading varieties, steadily expanding in market size, and increasingly capable of serving the real economy. With the further development of the futures market and the acceleration of opening to the outside world, the demand for the rule of law in the futures market has become stronger. The futures market has become the only field in the financial market that lacks legal regulation and norms, which obviously restricts the futures market to better play its function of serving the real economy. Liu lei suggested speeding up the legislative process of the futures law, consolidating the achievements of the development of China's futures market, and providing legal guarantee for the sustainable, stable and healthy development of the futures market.